Tax Planning

Financial planning should always take into account any tax implications

We will gather all the information about your tax situation. We don’t just look at income tax, but also Capital Gains Tax (CGT) and Inheritance Tax (IHT). Your individual tax position will determine the most suitable investment strategy for you, and we’ll ensure that makes the best use of any personal allowances you have.

The UK tax system is constantly changing. The aim of tax planning is to minimise the amount of tax you, or your estate in the future, pay in taxes. Which is why it is imperative that you are always aware of your personal tax status. By restructuring your investment portfolio, changing how investments are held (and by who), it can become more tax-efficient.

Capital Gains Tax (CGT) is a tax on the profit made when you sell or give away something (an ‘asset’) that has increased in value since you acquired it. You are taxed on the gain, not on the amount of money you receive.

Inheritance Tax (IHT) is paid based on the value of your estate above a certain threshold, called the nil rate band, when you die. Tax is paid at 40% above this threshold.